In one day, the average CEO earns more before lunchtime than a full-time minimum wage worker makes in a year.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1250479
In one day, the average CEO earns more before lunchtime than a full-time minimum wage worker makes in a year.
And many pay all of their Social Security and Medicare contributions for the year on that first day whereas the great majority of employees pay these fees on every paycheck throughout the year. It is an additional way that the wealthy pay a much smaller percentage of gross income in taxes.